Ashland Youth Ballet Inc is located in Ashland, KY. The organization was established in 2006. According to its NTEE Classification (A63) the organization is classified as: Ballet, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland Youth Ballet Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Ashland Youth Ballet Inc generated $134.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $102.7k during the year ending 12/2022. While expenses have increased by 15.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE AYB IS A NON-PROFIT CIVIC ORGANIZATION THAT SERVES A TRI-STATE AREA BY MAINTAINING & PRESERVING THE TECHNICAL &ARTISTIC ELEMENTS OF DANCE TRAINING & PERFORMANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria E Whaley Director | 25 | $0 | |
Sandra York President | 10 | $0 | |
Heather Lucas Vice Presdient | 10 | $0 | |
Taylor Moore Secretary | 10 | $0 | |
Amber Light Treasurer | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,308 |
| Total Program Service Revenue | $99,597 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $17,750 |
| Total Revenue | $134,655 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,467 |
| Other expenses | $61,517 |
| Total expenses | $102,724 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,453 |
| Other assets | $0 |
| Total assets | $322,051 |
| Total liabilities | $170,829 |
| Net assets or fund balances | $151,222 |